EUR/USD Daily Video, November 23, 2012

[Sive Morten]

Good morning,
market now is coiling around solid resistance area. That is usually finished by breakout in one or other side, but currently it's difficult to anticipate this, since no particular patterns was formed on lower time frames:





The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[manolis]

good morning sive
very interesting your analysis as always , but what are your thoughts on the EU budget talks and the trench for greece? i believe that if the eu budget doesn't reach the market aspirations will push the euro down , and the trench of the 44 billions to greece won't be paid on the whole ?

 

[Sive Morten]

good morning sive
very interesting your analysis as always , but what are your thoughts on the EU budget talks and the trench for greece? i believe that if the eu budget doesn't reach the market aspirations will push the euro down , and the trench of the 44 billions to greece won't be paid on the whole ?

Hi Manolis,
it's will be really the task to approve budget, since currently all major participants have absolutely different interests, even in major 5 economies. As longer process approving will be as worse this will be for EUR.

 

[zlion]

Sive! **** your...!!! Kiss the ass of the big banks!!! I hope you had a big-big profit against your listener ! :/

 

[MeLasz]

Sive! **** your...!!! Kiss the ass of the big banks!!! I hope you had a big-big profit against your listener ! :/

If you lose money its surely NOT Sive's fault! You're a moron if you blame him. He does a very good job here, analyzing, sharing his thoughts and TEACHING. This isn't signal providing, nobody told you to buy or sell, that was YOUR decision. The bullish dynamic pressure was mentioned in the video, I have seen it to, I traded it with nice profit and I'm a beginner, not a banker.

 

[FreddyFX]

Scary price action, lets see what next week brings.

 

[MeLasz]

Gartley (Bat) maybe ...

 

[Sive Morten]

Sive! **** your...!!! Kiss the ass of the big banks!!! I hope you had a big-big profit against your listener ! :/

Zlion,
let's closer to subjet. What particularly has happened?